Price Forbes has announced the appointment of Dick Heath as the head of Reinsurance and Wholesale in Singapore, effective immediately. Heath, who will report directly to Philip Johnson, CEO of Price Forbes Asia Pacific, is tasked with enhancing the company’s reinsurance and wholesale offerings to capitalise on growth opportunities in the rapidly expanding sector.
Heath’s appointment is part of Price Forbes Singapore’s strategic focus on its three centres of excellence: Reinsurance & Wholesale, Speciality & Retail, and Marine, Credit & Political Risk. This structure is designed to provide dedicated attention to each area whilst supporting the company’s ongoing expansion.
With over 40 years of experience in broking and underwriting, Heath has spent the last 12 years in the Singapore market. He joins Price Forbes from Gallagher, where he was CEO, Asia, and played a significant role in expanding the firm’s presence in the region.
Johnson expressed enthusiasm about Heath’s addition, stating, “We are delighted to welcome Dick to Price Forbes. His calibre, leadership skills and reputation speak for themselves.” Heath echoed this sentiment, saying, “I’m extremely pleased to join Price Forbes Singapore at a time of such rapid development for both Price Forbes and the APAC market.”
Price Forbes, the largest independent speciality broker in the London Market, continues to strengthen its presence in Asia, aiming to deliver a market-leading culture and growth. Heath’s leadership is expected to be pivotal in achieving these objectives.